Analyst Ratings for Loews Corp. (L)Updated: 2017-07-27
Loews Corp. (NYSE:L) was awarded an average rating of Hold from investment analysts following the stock. L had previously received a consensus rating of Hold a month ago.
5 analysts issued ratings on the stock, where 1 gave L a buy rating, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for L. The highest price target was 46, implying potential capital gains of -4.41 percent. The lowest price target was 45, which equates to a potential downside of -6.48 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.3 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.56 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.48 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
L has an estimated earnings growth rate of 22.1 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of L is 0.87.
In the last 52-weeks, L has achieved a high of 48.59 and a low of 39.71. Today's price is 21.18 percent above the 52-week low, and below the high by 0.97 percent. L has a P/E ratio of 19.17. Investors typically compare the P/E ratio to a company's peers in the industry. The L value stock report compares L to some of its peers using value stock charts. The stock has a market capitalization of $16.2 billion. L is estimated to release their earnings results for the quarter on 0000-00-00, days from today.